The bottom line of any business plan is?
Correct answer: B. financial plan
- A. marketing plan
- B. financial plan
- C. personnel plan
- D. production plan
Explanation
The financial plan is the business plan’s bottom line because it converts operational assumptions into expected revenue, costs, funding needs and profitability. Marketing, personnel and production plans support these financial projections.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? support@testustad.com
About Principles of Management
Management principles explain how organisations set objectives and coordinate people and resources to achieve them. Coverage includes planning, organising, staffing, directing, coordinating and controlling, along with authority, responsibility, delegation, span of control and the levels of management. These functions are related but not interchangeable, especially planning and controlling.
Practise Principles of Management
138 free Principles of Management MCQs from Management Sciences, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Exams that ask Management Sciences questions like this
Management Sciences is on 2 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
More Principles of Management questions
Opening retail stores, the way 'Apple' has opened , a classic example of?
Low cost foreign competition, classified as?
What our business is' is stated in?
The addition of new product lines in a company is?
Large inventories can be the best classified as?
Re-designing a business process, in getting more efficient and effective results, known as?